Peak Oil and the Outlook for Oil Supply and Demand

This is a presentation I gave last week to the Adhesive and Sealant Council annual convention in Orlando.

The presentation starts with an explanation of the current state of the debate surrounding peak oil. I then move into the outlook for the supply and demand curves going forward. I use the “marginal cost curve” for crude oil to go one-by-one through the various sources of oil supply around the world. I then talk about the future outlook for crude oil demand and the possibility of “peak oil demand” as predicted by The Economist. Finally, I finish with some advice for people working in companies that will be directly affected by peak oil.

Will Martin is an energy analyst and expert on peak oil and alternative currencies. He is an MBA graduate of Cornell University, where he was a Roy H. Park Leadership Fellow and concentrated on studying sustainability in business through the school’s Center for Sustainable Global Enterprise. Prior to his MBA, Will worked in the energy industry, living in Singapore, Houston and Dubai. Will is a recipient of the 2012 “Pioneer Award” from the Association for the Study of Peak Oil and Gas (ASPO-USA). He currently works as a carbon trading commercial adviser in the San Francisco Bay Area. Will is a bitcoin enthusiast and in 2014 published the book “Anonymous Cryptocurrencies,” which became a #1 best seller in 3 Amazon categories and was the first book to be sold on a decentralized marketplace.

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